Shalinda Mcgregor News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Provided by
Dow Jones
By Shane Shifflett and Justin Scheck
When Covid-19 hit the economy, most debt collectors gave borrowers a break, cutting back on lawsuits amid lockdowns, closed courts and loan-forbearance initiatives.
One of the biggest and least-known companies in the industry did the opposite.
Sherman Financial Group filed more lawsuits to squeeze cash from people behind on their credit-card bills. A Wall Street Journal analysis, based on the five state-court districts with searchable online records, showed Sherman had the largest year-over-year increase of any firm identified between last March 15 and Dec. 31 up 52% from the year-earlier period, compared with a 24% decline in those districts for the industry as a whole. ....

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